Accountant – Financial Reporting and Budgeting

Accountant – Financial Reporting and Budgeting

Job Purpose:
Support Financial reporting and budgeting team for efficient and effective monthly financial recording, management and reporting.

Please note: This role is for a UAE national only.

Roles And Responsibilities:

1. Review and process journal entries in the ERP. Ensure the accuracy and relevancy of the entries.
2. Review the development progress invoices & payment certificate to process in the ERP.
3. Ensure complete documentation and coordinate with the relevant authorities to release the payment from the Escrow account.
4. Provide support to the supervisor during the month-end closing.
5. Handle Inter-Entity transactions and ensure the monthly balances are reconciled with each relevant Inter-Entity.
6. Monitor and analyze the General Ledger of the parent Entity to identify and transfer the data to the relevant Entity.
7. Perform GL account analysis to ensure the accuracy of the balances in the proper GL account.
8. Track the project shareholder loan transactions and account for as per the agreement terms.
9. Collaborate with the Project team to collect, analyze and interpret the data and provide support to the team with the status of the financial information.
10. Liaise with AP team to ensure the project expenses are properly booked on a timely basis.
11. Liaise with the external auditor and provide requested information.
12. Keep track of the development progress of the project.

Qualification And Experience:

• Bachelor's degree in accounting.
• Professional accounting qualification e.g. CPA, CIMA, CA, ACCA is preferred.

RELATED YEAR OF EXPERIENCE:

• YOE IN MANAGERIAL POSITION: Minimum of 4+ years of experience in Financial and management accounting.

Technical And Interpersonal Skills:

• Knowledge of and ability to apply international accounting standards.
• Ability to adapt to the policies and adhere to internal controls.
• Strong analytical, problem-solving and project management skills.
• Ability to manage multiple tasks at once.
• Strong knowledge of MS Excel and MS Word.
• Proficiency in using Oracle ERP.

FIELD OF EXPERIENCE:

• Knowledge and ability to apply International Accounting Standards.
• Real Estate industry experience is considered a plus but not mandatory.